The Japanese yen weakened to around 161.5 per dollar Monday, hovering near its lowest level since 1986 as repeated verbal interventions from Tokyo failed to halt the currency’s decline. USD/JPY pushed beyond 161 on Friday and extended the move into the new week, with the yen having now surrendered all the gains it made on … Read more
USD/CAD maintains its losses following the signing of a preliminary agreement between the US and Iran aimed at concluding hostilities, which has resulted in a reduction of safe-haven demand. The US Dollar may regain strength as half of the FOMC members anticipate at least one rate hike this year. An increase in oil prices could … Read more
USD/JPY remains around 160.80, marking the peak level since July 2024, which was attained on Thursday. Japan’s Minoru Kihara cautioned that the government stands prepared to react suitably to fluctuations in currency values at any moment. The US Dollar experienced a decline as safe-haven demand diminished, following a preliminary memorandum of understanding between the US … Read more
The Bank of Japan adhered closely to established policy guidelines, yet the yen exhibited minimal movement. USD/JPY is currently at 160.19, reflecting a 0.17% increase during the session within a narrow range of 159.90 to 160.38. It remains just above the critical 160.00 threshold, which is a significant point for Japanese authorities, following the Bank … Read more
The yen entered Tuesday positioned on the line that has characterised its performance throughout the year, preparing for an unusual occurrence in the currency market: the simultaneous decisions of two major central banks within a matter of hours. On June 16, USD/JPY is positioned near 160, having peaked at 160.44 prior to a rebound in … Read more
USD/JPY maintained its position above 160.00 on Monday, trading near 160.25 within a tight range after hitting a session high of 160.57 on June 11. It remains at a level that prompts official warnings and compels carry desks globally to reevaluate their exposure. The pair surpassed 160 — generally regarded as the threshold of acceptable … Read more
USD/JPY is currently engaging in a precarious movement on Friday, June 12, trading near 160.20 and hovering closely to the critical 160 level, which has emerged as the most significant threshold in the global currency markets. The pair is positioned at multi-decade highs, having ascended back to the area where Japanese authorities intervened merely weeks … Read more
The yen is putting Tokyo’s resolve to the test. USD/JPY surpassed 160.50 this week, reaching a 21-month peak that positions the pair firmly within the territory where Japanese authorities have traditionally intervened to support the currency. The breach above the 160.00 threshold was driven by a confluence of persistent dollar strength and a significant development … Read more
USD/JPY was observed around 160.40 by midday Wednesday, moving closer to its 2026 peak of 160.73 and entering the 160.40 to 160.70 range where Japanese officials have traditionally set their limits. The pair has ascended within a medium-term ascending wedge and a shorter-term rising channel, with momentum indicators suggesting the next resistance levels at 160.65, … Read more
USD/JPY is currently positioned around 159.80 on Tuesday, June 9, having surpassed that resistance level with renewed bullish momentum as the pair advances toward the significant ¥160 threshold that has consistently constrained it throughout 2026. The dollar-yen pair has identified support at a short-term ascending trendline and remains positioned above its 50-period EMA, which reinforces … Read more